New Mexico homes for sale starting at Fifty Thousand Dollars

$18,550,000 - Pecos, NM

715 Forest Road 92 Pecos, NM - Only 40 miles from the historic Santa Fe Plaza lies a pristine trout fishery forgotten by time. Nestled in a private high mountain valley bordering the Santa Fe National Forest, Cow Creek Ranch is comprised of 934 acres, over 3 miles of a prolific trout stream, 7 high mountain lakes and 1 brook trout pond. Improvements include a 5431 sq ft lodge with 11 guest rooms, commercial kitchen, dining room, lounge and shop/office. Other notable improvements include a modern 2 bedroom 2 bath owners cabin, a 2 bedroom 1 bath caretakers cabin, a 2800 sq ft barn/workshop along with various outbuildings. This extremely rare and highly unique property is one of New Mexico's treasured secrets! Would make a wonderful family compound, outdoorsman's paradise or corporate retreat. Come take a look, and fall in love with this recreational eden! Please view the video link for the complete experience of this one of a kind recreational fishing property!

$16,875,000 - Santa Teresa, NM

4801 Avenida Divisadero Unit: A Santa Teresa, NM - - 67% less real estate and personal property taxes than Texas. rs, z-guards pers, z-guards o No inventory taxes. o No sales taxes charged for trade support companies (customs agents, transportation companies, and logistics companies) for 5 years. o Agressive business incentives offered by the State of New Mexico include real estate, tax and labor. o Foreign Trade Zone to allow duty free imports. o Overweight cargo zone (up to 96,000 Ibs) for any shipments coming from or going to Mexico. o Union Pacific's Santa Teresa project is one of the largest intermodal yards in its system and serves as an in-land port of entry. o Santa Teresa Jetport can land 737-300 cargo jets. o Santa Teresa Port of Entry has the fastest commercial crossings in the entire Juarez-El Paso Customs district o No crossing fees are charged at the Santa Teresa Port of Entry.

$16,000,000 - Abiquiu, NM

245 County Rd 155 Abiquiu, NM - Premier Legacy Compound- The Abiquiu Valley Farm, north of Santa Fe, is one of New Mexico’s most significant properties. With over 220 majestic acres along the banks of the Chama River consisting of a private riverfront bosque, fertile pastureland and natural ponds, this tranquil oasis has stunning views of the Sangre de Cristo Mountains and the Pedernal that drew O’Keeffe to the Southwest. The compound is anchored by a luxurious 6,500-square-foot main house—designed by renowned architect Theodore Waddell—that features a central atrium, elegant living spaces, great room with facing fireplaces, art gallery, floor- to -ceiling paneled library, fabulous chef’s kitchen, formal dining room, and inviting bedroom and bath suites featuring imported tiles. The 3500-square-foot 3-bedroom 5-bath guest house features a central courtyard, open plan kitchen, dining and living areas and two separate ensuite casitas surrounded by gardens. The Art Barn is a 5,700-square-foot cathedral-style adobe with large open spaces designed to host special events and includes a kitchen and two apartments. Impressive equestrian facilities include a 10-stall Morton barn with dry paddocks, in-ground waterers, a heated tack room with a bath and laundry facilities, outdoor wash stalls, six irrigated pastures, Kentucky-style fencing, and an outdoor sand dressage arena. As the state’s only Demeter-certified Biodynamic organic farm, the property produces medicinal herbs, alfalfa, and other forage crops. The property benefits from solar power generation; geothermal radiant heating and cooling for all the residences; reverse-osmosis water filtration for the homes, the barns, and the paddocks; and water from wells, acequia irrigation rights, ponds, and the river. The bosque is a birdwatcher’s paradise, a waterfall-fed pool is perfect for fly-fishing, and abundant elk call the farm home. Located just 57 miles from Santa Fe and Taos Airports and 114 miles from Albuquerque Sunport, International Airport.

$15,500,000 - Santa Fe, NM

503 Camino Del Monte Sol Santa Fe, NM - Historic Compound being offered for the first time in 40 years! Strolling up the historic Camino del Monte Sol in the heart of Santa Fe, you come upon the entrance of a quintessential example of sophisticated Santa Fe style, a historic compound surrounded by magnificent grounds, trees, and stone walls. As you enter the gates and leave the world behind... you step back in time and are embraced by the immediately tranquil privacy of a secret oasis of gardens and meadows with views of the Sangre de Cristo Mountains. The historic compound is the finest example of Pueblo style Spanish Colonial architecture in Santa Fe, built in 1918 and fully restored with original doors, windows, lintels, vigas, and extraordinary coved and carved ceilings, with spacious volume throughout. The serene portal with mature topiaries overlooks the elegant terrace and magical fountain. The charming gatehouse is a quiet, calm refuge enveloped in nature. The historic casitas are nestled between winding walkways, exploding with flowering gardens and a field of specimen trees. This unique estate was the epicenter of collaboration of Los Cinco Pintores and the Taos School Artists. Resting on 2.21 acres, the expansive estate is zoned R5, offering a multitude of exceptional development opportunities to elevate the property. It is, in every sense, incomparable.

$15,000,000 - Santa Fe, NM

196 Circle Drive Santa Fe, NM - Experience the rare opportunity to own a meticulously restored piece of Santa Fe’s history. Just minutes from the Plaza, Casa Alegre, originally built in 1931 by Governor John Dempsey, stands as a timeless adobe estate that seamlessly blends historic charm with modern sophistication. Set on 11 breathtaking acres, this exceptional property features a stately six-bedroom main residence, exquisitely renovated to preserve its architectural integrity while incorporating the finest contemporary comforts. Three private guest houses provide additional generous accommodations, making this an ideal retreat for family, friends and distinguished guests. The estate’s resort-like grounds are a true sanctuary, featuring a heated outdoor pool, a private tennis court and stone-lined walking trails that wind through the lush landscape. The grounds include an abundance of trees, along with a bountiful organic garden and orchard. An aggregate of 20 fireplaces are experienced throughout the estate. Steeped in history, Casa Alegre has been home to a succession of distinguished owners following Governor Dempsey, including an heir to the Weyerhaeuser timber fortune and a member of the Martini & Rossi family. Following a period of limited enhancement, Robert and Miriam Knutson, founders of Education Management Corporation, embarked on a four and a half-year, $18 million restoration of the compound in 2004, enlisting master artisans, architects, and craftsmen to revive the estate to perfection. Their meticulous efforts ranged from restoring infrastructure, building intricate rock walls, to curating 64 distinct window styles that honor the home’s original character. Lovingly maintained by its current owners, Casa Alegre has served as the backdrop or cherished family gatherings and elegant philanthropic events. A rare jewel in Santa Fe’s real estate landscape, this extraordinary estate offers an unrivaled opportunity to own a piece of history, beautifully reimagined for modern luxury living.

$15,000,000 - Albuquerque, NM

517 Gold Avenue Sw Albuquerque, NM - Seller financing available. 8 Story high rise re-development deal. First two floors have been converted to 60 apartment units in 2017. Floors 3-7 are shell floors ready to be built into an additional 150 units. Property consists of 4 elevators. Huge potential on this property and most of the heavy lifting has been completed. Plans for converting basement into parking are in the works.

$13,870,000 - Santa Fe, NM

O Paseo Real Santa Fe, NM - Mostly flat

$10,990,000 - Albuquerque, NM

3931 Anderson Farm Dr., Sw Albuquerque, NM - The 158-acre Old Tobacco Farm is located in the very northern part of Albuquerque’s Valley Farms area. A multi-year planning and re-zoning process has resulted in a Bernalillo County-approved Sector Plan for the property that allows for 450 residential housing units. Per the Sector Plan, 23 acres must be donated to the County for open space. The property is one of three things depending on the buyers wants and needs; a ready-to-go residential development project, a land bank opportunity, or an ongoing hay farm operation. The location is in the path of development and urbanization as the city of Albuquerque’s density increases in this direction. The County of Bernalillo has heartily endorsed a residential project in this location. Located off Coors Blvd near the intersection with Rio Bravo, adjacent to a new Walmart Supercenter, theatre complex, and senior living facility, the property is unique in its large size and location. The Old Tobacco Farm was once a producing tobacco farm for the smokeless tobacco industry. There were several other agricultural incarnations of the farm before it became what it is today, a highly productive alfalfa hay farm in the heart of the city with an approved Bernalillo County Sector Plan for residential development. This area has a long and storied history because of its proximity to the Rio Grande River. The farm has been in the same family for generations, and this is the first time it has been offered for sale in this configuration. For the right buyer, this property provides the opportunity to develop a significant residential housing project asap or h old the property for future appreciation. This property may be purchased in several different configurations. A separate designated 40 acre parcel. The entire parcel west of the Arenal with county-approved development plan. Purchase 23 acres east of the Arenal separately.

$9,950,000 - Santa Fe, NM

5200 Old Santa Fe Trail Santa Fe, NM - Unquestionably one of Santa Fe’s most extraordinary estates. 5200 Old Santa Fe Trail nestles unassumingly and privately into the foothills of the Southwest’s treasured Old Santa Fe Trail. Make no mistake, the architectural elegance, sophisticated detail, and carefully considered improvements throughout this estate’s interiors and accessory structures are exceptional. Equally impressive, however, is the backdrop in which they lie. Nearly 34+/- acres (two separate parcels) of lush vegetation and greenery, gardens, mature fruit trees, captivating courtyards, sweeping western Jemez Mountain and sunset views, well provisioned equestrian facilities and amenities make this remarkable property unlike any other offering within Santa Fe’s City limits. The Spanish-Pueblo Revival styled property includes nearly 12,300+/- square feet of living space comprised of a three bedroom suite main house (bonus: separate craft, library and study spaces), two bedroom suite detached guest house, and two bedroom suite Caretaker’s residence which adjoins the estate’s stables. The main house, adobe in-part, was constructed in approximately 1940 with exceptional additions and renovations made during the late 1990s-2000s (contributions by Building Adventures & Wolf Corp.). Despite the expansive gathering and living spaces, both indoor and outdoor, the main house retains a level of comfort and coziness properties of this scale often lack. The foyer is paved with warm Italian stone roofing tiles which lead from the threshold of the western entry portal to the formal living, dining and entertainment spaces. A variety of ceiling treatments grace the ceilings of the main house and include all of Santa Fe’s classics: Vigas and Latillas, coved, and tongue and groove. Thick adobe walls are finished with hand-troweled diamond plaster and wrought iron hardware adorns interior doors, railings and curtain fixtures. [Contact agent for complete remarks and property brochure]

$9,777,000 - Lamy, NM

210 River Bank Rd And The J.F. Miller Lamy, NM - SELLER WILL CONSIDER OWNER FINANCING. The J.F. Miller Ranch is found in the township of Lamy, just south of Santa Fe on an expansive 2000+ acres, comprised of 14 tracts of land. Nestled between the Sangre de Cristo Mountains and the Galisteo Basin, the ranch offers breathtaking panoramic views. The main home was designed and built in 1986 in Victorian style with four bedrooms. There is also a guest home with one bedroom, one bath, and a two car garage. The home looks out towards the Manzano and Sandia mountains to the West and has perfect views of the town of Lamy and the historic Lamy train station. The Galisteo River stretches across the ranch and down the valley. The wide open range offers grass for cattle grazing and miles of trails to traverse via horseback. The ruins of a Bishop John Lamy church are found here. The Cerro Colorado mountain stands majestically on the property. The ranch has been the site for multiple movie and television productions. A previously run gravel operation exists on the property. The history of this ranch tells an amazing story over the course of time. https://210-river-bank-rd-and-the-j-f--miller.robyntyra.com/

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